SharpLink Gaming Ltd. (SBET) Stock Price & Analysis
Market: NASDAQ • Sector: Consumer Cyclical • Industry: Gambling, Resorts & Casinos
SharpLink Gaming Ltd. (SBET) Profile & Business Summary
SharpLink Gaming Ltd. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. It operates through Affiliate Marketing Services United States, Sports Gaming Client Services, Enterprise Telecom Expense Management, and Affiliate Marketing Services International segments. The company collects information on potential U.S. domiciled sports bettors, connects them with contextual sports betting content, and converts them to paying sports betting customers, as well as offers sports betting data to sports media publishers. It also provides development, hosting, operations, maintenance, and service of free-to-play games and contests; and solutions for telecommunications expense management, enterprise mobility management, call usage, and accounting software, as well as iGaming and affiliate marketing network, which focuses on delivering quality traffic and player acquisitions, and retention and conversions to global iGaming operator partner worldwide. The company was founded in 2019 and is headquartered in Minneapolis, Minnesota.
Key Information
| Ticker | SBET |
|---|---|
| Exchange | NASDAQ |
| Official Site | https://www.sharplink.com |
Market Trend Overview for SBET
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-28 (ET)
As of 2026-08-28, SBET is moving sideways without a clear direction. Over the longer term, the trend remains bearish.
SBET last closed at 8.20. The price is about 0.3 ATR above its recent average price (8.05), and the market is currently in a sideways market without a clear direction. Price at 8.20 is moving between minor support near 5.99 and minor resistance near 8.90. Direction remains unclear. View Support & Resistance from Options
The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.
Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still negative, but short-term signals are not yet confirming it.
A key downside risk boundary is near 5.64. If price falls below this area, the current structure would likely weaken further.
A systematic trend-activation signal was most recently triggered on 2026-07-14, reflecting a technical shift toward positive directional alignment.
Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.
There was no clear sign of meaningful positions being carried into the overnight session.
The model stays neutral because the setup is not clear enough to justify a directional deployment.
The model does not deploy this setup because internal signals are not aligned strongly enough and recent price behavior has shown failed reversal memory. Predictability is 38%, agreement is 13%, and reversal risk is 13%.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This estimate uses 1-minute price, volume, and VWAP data from the last 27 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-08-28. The current price is 8.20, 13.46% above the estimated average cost of 7.23. An estimated 72.8% of recent positioning is below the current price, while 26.6% is above it. The peak-density price is 6.24. The largest concentrated cost region is 6.00 to 6.49 and contains 40.8% of the estimated distribution. The current price is within the 8.13 to 8.54 cost region. The nearest region below the current price is 8.04 to 8.11. The nearest region above the current price is 8.95 to 8.96.
Short Interest & Covering Risk for SBET
This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.
Shows how likely a short squeeze may be under current market conditions.
Short Exposure Percentile
Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 53%)
Structure Analysis
SBET Short positioning is very crowded. Current days to cover is 4.8 trading days, meaning short covering pressure could be amplified relative to normal conditions. If covering begins, price moves could be meaningfully amplified. No meaningful structural fragility is currently detected (Fragility Score 13/100, DTC percentile 93%) despite a strong upward price move (20D return 34.0%) with short positioning continuing to expand. Positioning is historically elevated, although price and liquidity conditions do not yet confirm structural fragility.
Risk Summary
No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.
Why Price Reactions May Be Stronger?
Days-to-Cover is elevated versus its own history, but absolute short interest remains moderate. In the latest reporting period, short interest continues to increase. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 2× larger than usual.
Note:
Short interest data is reported every two weeks by
FINRA.
The most recent snapshot is
2026-07-31 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.